Virgin America reportedly set for $100 million boost

Virgin America will receive an additional $100 million in capital in the next few weeks, according to a key investor who spoke to The Wall Street Journal, bringing investment in the US startup to approximately $400 million. Cyrus Capital Partners COO Robert Nisi, a Virgin America board member, said his hedge fund feels "very good about the investment" and that the new financing will not change the shareholding among the carrier's owners. VX CEO David Cush told The Journal that average loads ...

The US majors will not give up on their campaign against the Gulf carriers, which present the biggest-ever threat to the future of US airlines, the CEO of United Airlines said in a speech in New York Thursday....More

Air Line Pilots Association (ALPA) president Tim Canoll said the wider public has to be educated about the threat laser pointers pose to aircraft and help law enforcement catch people shining lasers into cockpits....More

US airlines, particularly regional carriers, have expressed hope that strict pilot training requirements implemented by FAA in 2013 will be eased in FAA reauthorization legislation expected to be taken up by Congress later this year, but there will likely be a strong push back against any efforts to change the rules....More